SF2101

SF2101 (Legislative Session 94 (2025-2026))

Inflation adjustment repeal for the child tax credit and working family credit

AI Generated Summary

This Minnesota Senate bill (S.F. No. 2101) proposes to repeal the inflation adjustment for both the child tax credit and the working family credit. Specifically, it eliminates Minnesota Statutes 2024, sections 290.0661, subdivision 7, and 290.0671, subdivision 7, which likely govern these adjustments. If enacted, these tax credits would no longer automatically increase based on inflation, potentially reducing their value over time.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
March 02, 2025	Senate	Floor	Action	Introduction and first reading
March 02, 2025	Senate	Floor	Action	Referred to	Taxes

Citations

[
  {
    "analysis": {
      "added": [],
      "removed": [
        "Repealed the inflation adjustment provision."
      ],
      "summary": "This bill repeals the inflation adjustment provision for the child tax credit under section 290.0661.",
      "modified": []
    },
    "citation": "290.0661"
  },
  {
    "analysis": {
      "added": [],
      "removed": [
        "Repealed the inflation adjustment provision."
      ],
      "summary": "This bill repeals the inflation adjustment provision for the working family credit under section 290.0671.",
      "modified": []
    },
    "citation": "290.0671"
  }
]